NOT LISTED FOR SALE

Estimated Value: $928,000 - $1,175,406

4 Beds
2 Baths
1,964 Sq Ft
$545/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $885,000 $451 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,070/month

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Two Homes on a Lot
  • Garvey (Richard) Intermediate School Rated A-
  • Private Yard
  • Living Room

About This Home

As of October 2021

Fantastic opportunity to acquire a duplex investment property nestled in the heart of San Gabriel Valley. Two separate dwellings with 2 bedrooms /1 bathroom house in the front and 2 bedrooms /1 bathroom house in the back that comes with its own entrance and parking access through the back of the house. Both unit offers a spacious floor plan, indoor laundry room, individual electric and gas meters, gated fences for privacy, private driveways, carports and 2 parking spaces each. Termite have been completed this year. Back unit’s roof entirely replaced in 2020. This is a great location for an income property or owner user. Conveniently located close to restaurants, shops, schools, the 10 & 201 fwy, and within walking distance to San Gabriel Square Plaza, 99 Ranch and Hawaii Supermarket. Both units are currently occupied by long term Tenants. Incredible potential and opportunity to acquire an income property in a popular and strong rental market and capture significant upside in rents!

Last Agent to Sell the Property

Bria Yik

Real Estates Unlimited License #01341144 Listed on: 08/19/2021

Last Buyer's Agent

NICKIE CHAN

REMAX MY HOME License #01328362

REMAX MY HOME

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,063

Year Built

  • Built in 1927

Lot Details

  • 4,968 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Private Yard

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,964 Sq Ft Home
  • Living Room

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Carport
  • Parking Available
  • Driveway

Additional Features

  • More Than Two Accessible Exits
  • Two Homes on a Lot
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 8214
  • Assessor Parcel Number 5370018010
  • $654 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $600
  • Water Sewer Expense $1,500
  • New Taxes Expense $8,650
  • Operating Expense $11,650
  • Gross Income $27,600
  • Net Operating Income $15,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,063

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Other Phone Description: 3233774082
  • Price Per Unit: 399500
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1500.00
  • Zoning: SLR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5370018010
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Door Features: Storm Door(s)
  • Levels: One
  • Price Per Square Foot: 450.61
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Block, Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Detached Carport, Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Yard
  • Lot Size Sq Ft: 4968.00
  • Lot Size Acres: 0.1140

Multi Family

  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 27600.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 900.00
  • Lot Size Area: 4968.0000 Square Feet
  • Net Operating Income: 15950.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 11650.00
  • Rent Control: No
  • Total Actual Rent: 2300.00
  • Total Expenses: 11650.00

Tax Info

  • New Taxes Expense: 8650.00
  • Tax Census Tract: 4823.01
  • Tax Lot: 91
  • Tax Tract Number: 8214
  • TaxOtherAnnualAssessmentAmount: 654.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 28, 2021
Sold by
Lau Eugene and Lau Sandra
Bought by
Yu Lawrence
Seller's Agent
Bria Yik
Real Estates Unlimited
Buyer's Agent
NICKIE CHAN
REMAX MY HOME
List Price
$799,000
Sold Price
$885,000
Premium/Discount to List
$86,000
10.76%
Total Days on Market
10
Current Estimated Value
$1,069,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,602
Avg. Annual Appreciation
5.66%
Original Mortgage
$600,000
Outstanding Balance
$553,046
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$531,252

Purchase Details

Closed on
Apr 5, 2002
Sold by
Dang Lindy
Bought by
Lau Eugene and Lau Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.78%

Purchase Details

Closed on
Sep 12, 2000
Sold by
Diprima Trust Diprima Francesco And Paola Trs
Bought by
Dang Lindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.62%

Purchase Details

Closed on
Nov 16, 1993
Sold by
Diprima Francesco and Diprima Paola
Bought by
Diprima Francesco and Diprima Paola
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yu Lawrence $885,000 California Best Title
Yu Lawrence -- California Best Title
Lau Eugene $275,000 First American Title Co
Dang Lindy $228,000 Chicago Title
Dang Lindy -- Chicago Title
Diprima Francesco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Lawrence $600,000
Previous Owner Lau Eugene $190,000
Previous Owner Lau Eugene $205,000
Previous Owner Dang Lindy $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $885,000 +10.8% $451 / Sq Ft
08/19/2021 08/19/21 For Sale $799,000 -- $407 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,063 $920,753 $736,603 $184,150
2023 $12,603 $902,700 $722,160 $180,540
2022 $12,039 $885,000 $708,000 $177,000
2021 $5,556 $375,302 $170,591 $204,711
2020 $5,505 $371,454 $168,842 $202,612
2019 $5,361 $364,172 $165,532 $198,640
2018 $5,269 $357,033 $162,287 $194,746
2016 $4,864 $343,171 $155,986 $187,185
2015 $4,789 $338,017 $153,643 $184,374
2014 $4,732 $331,397 $150,634 $180,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21183358

California Regional Multiple Listing Service (CRMLS)

APN: 5370-018-010